Negotiating and Drafting Office Leases

ebook

By John Busey Wood

cover image of Negotiating and Drafting Office Leases

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Negotiating and Drafting Office Leases offers a practical road map through the entire negotiation process. It reviews the clauses of a typical complex modern lease in detail, with explanation and commentary, examining the legal, economic and financial accounting ramifications. Topics include: negotiating strategies and styles; pitfalls created by other agreements entered into by the parties to a lease; repairs and maintenance; assignments and subleases; environmental compliance and due diligence; electricity and utilities costs and issues; the "Porter's Wage" escalation provision; tenant monitoring of landlord's escalation calculations; guarantors and security deposits; proving the existence of a lease when the original document is lost; quiet enjoyment; expansion space; bankruptcy; work letters; restrictive clauses; renewals and options; financing development through participation leases; synthetic leases; brokerage; lease audits; and many others.

Negotiating and Drafting Office Leases